Browsing ECO Working Papers by Subject "R&D Investment"

Title:Rent Seeking, Market Structure and Growth
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Author(s):BROU, Daniel; RUTA, MicheleDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/03Abstract:We construct a model where firms compete in both political and economic markets. In political markets, firms compete for influence over government transfer policy (rents). This activity can be beneficial for the firm, but ...